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Biotech / Medical : Texas Biotech (TXB)
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To: timmask who wrote (212)6/27/1997 12:02:00 AM
From: E. Graphs   of 834
 
timmask,

I don't have any news. It may be just the biotech group in general pulling it down.
In any case, it's at support of an uptrend right now. Last time it touched support at 3 15/16 I took full advantage.

Also, some are expecting a big market correction in general. I find that when this happens my good stocks come right back. Hopefully, this will happen again, IF this correction talk is for real. No one has a crystal ball, and the market does surprise us from time to time. It can even surprise those expecting a correction! Anyway, most of my stocks are already in a buying range now, so I'm hoping for a summer rally after all this shakiness settles down.

Good Luck to Us!

E
Do you invest in other medical stocks? If so, do you have an opinion on GUMM? I already own it. It seems like a good idea for dispensing drugs, especially for people who can't swallow pills. They make other gums also. No talk of it on SI that I can find.
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